SEBI comes up with framework on upfront contribution by issuers for LPCC's Settlement Guarantee Fund
Admin
Apr 19, 2023 11:29
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Markets regulator SEBI on Thursday put in place a framework for upfront collection of funds from eligible issuers of debt securities to build the Settlement Guarantee Fund of the Limited Purpose Clearing Corporation (LPCC).
The eligible issuers would be notified by the LPCC as per its risk management policy, the Securities and Exchange Board of India (SEBI) said in a circular.
